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Jan 24, 2013
01/13
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the imf says the economy will grow by 2% and the u.s. needs to work on entitlement reform. >>> our fourth story, women on the front line. a ground breaking decision from the pentagon. cnn has learned that defense secretary leon panetta will announce a lift on the ban against women serving in combat positions. this is pretty incredible. this move could open up 230,000 front line jobs to women in the military. "outfront" tonight, rosa brooks, a columnist for foreign policy and has worked in the pentagon under the obama administration and david frum, former speech writer for george w. bush and critter for us. right now, 40% of active duty are women. this could be hundreds of thousand of jobs suddenly would be open to women. am i right in saying this is hublgly significant? >> it's absolutely enormous. the one thing i would say though, the it's not that we don't have women in combat positions. we have women who are ineligible under the former policy, but there really isn't any front line in today's wars. fighting heroically in combat, women
the imf says the economy will grow by 2% and the u.s. needs to work on entitlement reform. >>> our fourth story, women on the front line. a ground breaking decision from the pentagon. cnn has learned that defense secretary leon panetta will announce a lift on the ban against women serving in combat positions. this is pretty incredible. this move could open up 230,000 front line jobs to women in the military. "outfront" tonight, rosa brooks, a columnist for foreign policy and...
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Jan 26, 2013
01/13
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the economy added 1.8 million jobs in 2012. home prices bottomed out in 2012, and they're rising again. sales of distressed properties dropped, as well. that helped push median home prices up, up more than 6% last year, strongest gain since 2005. mortgage rates remain near record lows. rates fell steadily last year. today, the average rate for a 30-year fixed mortgage is around 3.4%. all those factors make this a great time to buy and a great time to refinance. same condo, same owner, three different interest rates in just three years. >> november, 2009, 5.125. november, 2010, refinished, it was 4.25. now 3.6. >> real estate sean brecht bought his condo in 2009. >> 650 square feet. 15-foot ceilings. >> reporter: since then he's refinished twice, sticking with a 30-year fixed rate mortgage. >> my first refinance, my mortgage payment dropped about $350 a month. from there, it will drop another possibly $400 a month. >> sinking mortgage rates save him $750 a month. rates have fallen from about 4% to around 3.4% in the past year. a
the economy added 1.8 million jobs in 2012. home prices bottomed out in 2012, and they're rising again. sales of distressed properties dropped, as well. that helped push median home prices up, up more than 6% last year, strongest gain since 2005. mortgage rates remain near record lows. rates fell steadily last year. today, the average rate for a 30-year fixed mortgage is around 3.4%. all those factors make this a great time to buy and a great time to refinance. same condo, same owner, three...
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Jan 28, 2013
01/13
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overnight, as you know, the economy collapses. the metal business completely collapses. >> when that happened to you, and having gone from literally nothing, you were a homeless guy to $13 million business, and then it all disappears, what was that like for you? >> i didn't care about losing the material possessions. i had a 3-year-old son at the time. he's now 7. the only thing that was going through my mind was, how do i face my son. from the day he came home from the hospital, i was determined he was not going to grow up in the same environment that i did. and all i wanted to do is have my little boy sit on my lap when he was old enough and say, you know what, there's nothing you can't do. you can become anything. i don't want my boy to look up at me and say, daddy, if that's true, how come you haven't done it? that was what was crushing my heart. i just could not fail. and come up with an excuse for this little boy. >> tony, can anybody be like this? or do you have to have a little bit of ferocity of spirit? >> i think ferocit
overnight, as you know, the economy collapses. the metal business completely collapses. >> when that happened to you, and having gone from literally nothing, you were a homeless guy to $13 million business, and then it all disappears, what was that like for you? >> i didn't care about losing the material possessions. i had a 3-year-old son at the time. he's now 7. the only thing that was going through my mind was, how do i face my son. from the day he came home from the hospital, i...
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Jan 24, 2013
01/13
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the cause of climate change and those solutions will both help keep our families safe and help our economy grow at the same time. >> okay. there you have it. what do you say to that? >> i say you look at the literature. we know a study in journal of nature show 60 years no trend in droughts and there was a decline in the u.s. except for the most recent one in 2012 which wasn't even as big as one in the 1950s or 1930s. in terms of flood, 80 to 117 years, no trend in floods. hurricanes, eight years now with the longest period without a major landfalling category 3 or larger hurricane in that eight years since 1900 we've gone that long. if you start looking at these measures -- >> answer me this point. you wouldn't dispute there's been increased acceleration in c02, right? >> james hanson from nasa indicated flat lining temperatures. the movements have shifted to extreme storms. that's the focus. evidence is everywhere when you look at extremes. bottom line is we always had extreme weather. in the 1970s, the cia report and "newsweek" and people worried about coming ice age blamed extreme weat
the cause of climate change and those solutions will both help keep our families safe and help our economy grow at the same time. >> okay. there you have it. what do you say to that? >> i say you look at the literature. we know a study in journal of nature show 60 years no trend in droughts and there was a decline in the u.s. except for the most recent one in 2012 which wasn't even as big as one in the 1950s or 1930s. in terms of flood, 80 to 117 years, no trend in floods....
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Jan 29, 2013
01/13
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(train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. to help protect your eye health as you age... would you take it? well, there is. [ male announcer ] it's called ocuvite. a vitamin totally dedicated to your eyes, from the eye care experts at bausch + lomb. as you age, eyes can lose vital nutrients. ocuvite helps replenish key eye nutrients. ocuvite has a unique formula not found in your multivitamin to help protect your eye health. now that's a pill worth taking. [ male announcer ] ocuvite. help protect your eye health. [ male announcer ] ocuvite. ...tax time can ofbe...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. so we created the extraordinarily comfortable sleep number experience. a collection of innovations designed around a bed with dualair technology that allows you to adjust to the support your body needs - each of your bodies. our sleep professionals will help you find your sleep num
(train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. to help protect your eye health as you age... would you take it? well, there is. [ male announcer ] it's called ocuvite. a vitamin totally dedicated to your eyes, from the eye care experts at bausch + lomb. as you age, eyes can lose vital nutrients. ocuvite helps replenish key eye nutrients. ocuvite has a unique formula not found in your multivitamin to help protect your eye...
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Jan 22, 2013
01/13
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this economy is already in the midst of a fragile recovery. we're continuing towards it becoming more robust, but we can't just keep increasing the debt ceiling in small bites. we've got to make sure we take that off the table, that is nonnegotiable. you have to pay your bills. you can't jeopardize the full faith and credit of the united states. and what we need to do, we agree, and we had that debate during the campaign. the hard-working american taxpayers that he referred to decided that president obama was right. they agreed with him, which is that we need a balanced approach to deficit reduction. we do need to get a handle on spending. we also need to make sure that everybody pays their fair share. >> here's the reaction from the republican leader in the senate, mitch mcconnell. >> one thing that's pretty clear from the president's speech yesterday, the era of liberalism is back. and unabashed ly, far left of center, inauguration speech, certainly brings back memories of the democratic party of ages past. if the president pursues that kind
this economy is already in the midst of a fragile recovery. we're continuing towards it becoming more robust, but we can't just keep increasing the debt ceiling in small bites. we've got to make sure we take that off the table, that is nonnegotiable. you have to pay your bills. you can't jeopardize the full faith and credit of the united states. and what we need to do, we agree, and we had that debate during the campaign. the hard-working american taxpayers that he referred to decided that...
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Jan 24, 2013
01/13
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michigan's gop governor rick snyder told them they should focus on the economy and mental health issues instead. joining me from lansing, michigan, republican senator mick jones, welcome. >> good morning. >> good morning and thank you for being here. no federal gun laws have even been passed so pardon the pun, aren't you kind of jumping the gun? >> not really. you know, there's much talk about blocking all semiautomatic guns and michigan has a rich hunting heritage, we hunt deer with semiautomatic rifles, we hunt ducks, rabbits and turkeys with semiautomatic shotguns and we believe -- >> ar-15 s though? come on. >> ar-15 hunt things like coyotes. >> but they're not normally used. >> you know, many people use them to defend their selves, their homes and you know as a former sheriff, as a police officer for 31 years, i can tell you that guns are not evil things. the evil people that use them improperly are the ones that need to be locked up and i support stronger mental health, i support locking up the violently mentally ill for treatment. >> a cnn poll shows most people support an assaul
michigan's gop governor rick snyder told them they should focus on the economy and mental health issues instead. joining me from lansing, michigan, republican senator mick jones, welcome. >> good morning. >> good morning and thank you for being here. no federal gun laws have even been passed so pardon the pun, aren't you kind of jumping the gun? >> not really. you know, there's much talk about blocking all semiautomatic guns and michigan has a rich hunting heritage, we hunt...
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Jan 26, 2013
01/13
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. ♪ (train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. >>> bottom of the hour now. i'm randi kaye. >> and i'm victor blackwell. >>> anonymous has declared war on the u.s. government, after hacking website overnight. a letter addressed to citizens of the world, anonymous is threatening chaos if the government doesn't meet their demands, including limiting the power of federal prosecutors to go after and, quote, destroy the lives of hacktivists they apprehend. they say the suicide of aaron swartz is what set off this retaliation. >>> the u.s. anti-doping agency is saying that armstrong must testify within a week if he ever wants that lifetime ban overturned. his lawyer says that's not going to happen. they don't believe they have any power and want to talk to international sports authorities instead. >>> a great week to be in the markets. all three major u.s. indices logged a third straight week of gains, closing at 15 02. it was the first time the index closed above the 1500 mark since 2007. earlier in the
. ♪ (train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. >>> bottom of the hour now. i'm randi kaye. >> and i'm victor blackwell. >>> anonymous has declared war on the u.s. government, after hacking website overnight. a letter addressed to citizens of the world, anonymous is threatening chaos if the government doesn't meet their demands, including limiting the power of federal prosecutors to go after...
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Jan 26, 2013
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. >> the new house moves more money to the economy than the sale of an existing home. building new homes creates jobs in the construction sector. furnishing a new home with new appliances, starting from scratch obviously means that there's an improvement, if feeds through more broadly to the economy. >> it sounds like they're just beginning. >> the interest rate is quite low so it's really great timing. >> christine romans, cnn. this is america. we don't let frequent heartburn come between us and what we love. so if you're one of them people who gets heartburn and then treats day after day... block the acid with prilosec otc and don't get heartburn in the first place! [ male announcer ] one pill each morning. 24 hours. zero heartburn. >>> the internet hacking group known as anonymous seeking revenge for the recent suicide of internet pioneer aaron schwartz. the activist group and the schwartz family says federal prosecutor s went way too far i pursuing charges against schwartz. he could have faced up to 35 years in prison. he was accused of downloading millions of file
. >> the new house moves more money to the economy than the sale of an existing home. building new homes creates jobs in the construction sector. furnishing a new home with new appliances, starting from scratch obviously means that there's an improvement, if feeds through more broadly to the economy. >> it sounds like they're just beginning. >> the interest rate is quite low so it's really great timing. >> christine romans, cnn. this is america. we don't let frequent...
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Jan 24, 2013
01/13
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the cause of climate change, and those solutions will both help keep our families safe and help our economy grow at the same time. >> okay. mark, there you have it. what do you say to that? >> i say you look at the peer-reviewed literature. we now know a study in journal of nature show 60 years no trend in droughts and there was a decline in the u.s. except for the most recent one in 2012 which wasn't even as big as the one in the 1950s or 1930s. in terms of floods, 80 to 117 years, no trend in floods. big tornadoes are down dramatically since the 1950s. f-3 or larger. hurricanes, eight years now with the longest period without a major landfalling category 3 or larger hurricane since -- and that eight years i think is since 1900 we've gone that long. if you start look at all these measures -- >> mark, answer me this, though. answer me this point. you wouldn't dispute there's been an increased acceleration in c02, right? >> no, c o2 is rising. global temperature has now stalled for 15 or 16 years. and that's -- that is now james hanson of nasa has admitted at least a decade of no warming or
the cause of climate change, and those solutions will both help keep our families safe and help our economy grow at the same time. >> okay. mark, there you have it. what do you say to that? >> i say you look at the peer-reviewed literature. we now know a study in journal of nature show 60 years no trend in droughts and there was a decline in the u.s. except for the most recent one in 2012 which wasn't even as big as the one in the 1950s or 1930s. in terms of floods, 80 to 117 years,...
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Jan 25, 2013
01/13
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a weak economy and joblessness and corruption. how is this president and government going to address these very real problems. many agree that it will have a ripple effect throughout the world. >> from cairo, thank you. democratic senator from connecticut is joining us right now. he is just back from a visit to egypt last week there with a congressional delegation from lindsay graham among others. thanks for coming in. >> thank you. >> let's talk about the second anniversary from the overthrow and saw thousands and thousands of people protested president morsi's government in tahrir square. you met with him last week with the congressional delegation. is he someone the u.s. can deal with? >> he is the elected leader of egypt and they have good reason to be in the streets. there is continuing corruption in the egyptian society and government. there very dire economic straights. 40% of the egyptian people make less than $2 a day. there high rates of unemployment and the rights of religious minorities and women are far from secure. f
a weak economy and joblessness and corruption. how is this president and government going to address these very real problems. many agree that it will have a ripple effect throughout the world. >> from cairo, thank you. democratic senator from connecticut is joining us right now. he is just back from a visit to egypt last week there with a congressional delegation from lindsay graham among others. thanks for coming in. >> thank you. >> let's talk about the second anniversary...
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Jan 28, 2013
01/13
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when i talk about the nation's economy, reform is critical to the nation's economy. the reality is is that even in a very tight economy, there are all types of industries in our country which have used the work of immigrants every day, to achieve the economic goals of those industries. if you got up this morning and had fruits for breakfast, probably picked by the bent back of an immigrant worker. if you, in fact, had vegetables for a chicken for lunch, you probably had it deplucked by the hands -- the cutup hands of an immigrant worker. if you slept in a hotel or motel of the nation, you probably had your room done by an immigrant worker. if you are looking at some of the cutting edge technologies in our country, you probably saw the ability of making america a more prosperous competitive place in the world by the intellect of an immigrant worker. so in so many dimensions this is about the economy of our nation as well. and, finally, two elements of this that i think are incredibly important within the principles i support is the fact that we have seen in other coun
when i talk about the nation's economy, reform is critical to the nation's economy. the reality is is that even in a very tight economy, there are all types of industries in our country which have used the work of immigrants every day, to achieve the economic goals of those industries. if you got up this morning and had fruits for breakfast, probably picked by the bent back of an immigrant worker. if you, in fact, had vegetables for a chicken for lunch, you probably had it deplucked by the...
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Jan 29, 2013
01/13
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at the same time, the economy is really in a shambles. there are almost no tourists to speak of in egypt. so it all adds up to a situation that is highly volatile. >> cnn's ben wedeman live in cairo, thank you very much. >>> 14 minutes after the hour. let's get up to date. high hopes for the hispanic community for president obama's speech on immigration reform. we expect him to take up the issue in a speech at a las vegas high school today. eight senators, four from each party, the so-called gang of eight, unveiled their own first step toward an agreement yesterday. house lawmakers said to be working on a bipartisan plan of their own. >>> convicted arsonist sentenced to death for setting a fire in santa anita, california. it led to five deaths. 31-year-old ricky lee fowler, a meth addict with a violent history, convicted of murder and arson charges last august. >>> chick-fil-la has stopped donating money to gay and lesbian organizations. the georgia-based company caught up in the same-sex marriage debate when their president made controve
at the same time, the economy is really in a shambles. there are almost no tourists to speak of in egypt. so it all adds up to a situation that is highly volatile. >> cnn's ben wedeman live in cairo, thank you very much. >>> 14 minutes after the hour. let's get up to date. high hopes for the hispanic community for president obama's speech on immigration reform. we expect him to take up the issue in a speech at a las vegas high school today. eight senators, four from each party,...
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Jan 28, 2013
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economy. we'll get a report on durable goods order. tuesday, we'll get a report on housing. another one on consumer confidence. wednesday, the fed will release minutes from its meeting. two-day meeting this week. and you know, we'll know more about its monetary policies. also, wednesday, we'll get a first look at fourth-quarter gdp. friday, you get the january jobs report. economists are pretty optimistic on that. the jobless rate could fall slightly to 7.7%. that's a big lineup. >> that's like the super bowl. you're not lying one bit and the ads are really good as well. >>> you might think twice about breaking out the plastic. as of sunday, stores in most states could begin charging a checkout fee on all credit card purchases. it comes from a settlement in july from the credit card issu r issuers and stores. as a result of the settlement, credit card issuers said they would reduce the fees paid by merchants to issuers. the settlement also gave retailers the option to add a surcharge to cover processing cost. many of the nation's biggest vendors, biggest retailers, they have
economy. we'll get a report on durable goods order. tuesday, we'll get a report on housing. another one on consumer confidence. wednesday, the fed will release minutes from its meeting. two-day meeting this week. and you know, we'll know more about its monetary policies. also, wednesday, we'll get a first look at fourth-quarter gdp. friday, you get the january jobs report. economists are pretty optimistic on that. the jobless rate could fall slightly to 7.7%. that's a big lineup. >>...
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Jan 25, 2013
01/13
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they demanded more political freedom, human rights, better economy, jobs. remarkably hosni mubarak was ousted, victor, two years later many of these people behind us and throughout egypt not happy. they're protesting the current government now and the current president, muhammad morsi. >> we have seen the protests over the two years, especially when muhammad morsi made the power grab as many would call it at the end of 2012. what are these protesters demanding today? >> reporter: well, these are the secularists, the moderates, the liberals who feel they have been squeezed out of the political process. they're concerned about their rights moving forward. we spoke to one of the protesters. here's what she had to say. >> everybody's protesting. what did we get since two years? we got nothing. nothing achieved. >> reporter: the president says be patient. this is part of the process. >> we need a sign, a small thing. >> reporter: you don't think he's given you a sign? >> look at the constitution. look at the constitution. is this a constitution for all egyptians
they demanded more political freedom, human rights, better economy, jobs. remarkably hosni mubarak was ousted, victor, two years later many of these people behind us and throughout egypt not happy. they're protesting the current government now and the current president, muhammad morsi. >> we have seen the protests over the two years, especially when muhammad morsi made the power grab as many would call it at the end of 2012. what are these protesters demanding today? >> reporter:...
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Jan 29, 2013
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rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. >>> take a closer look at the secretary state hillary clinton's exit interview with cnn, her legacy, her political future. joining us, two cnn contributors, cornell belcher and david frum. her legacy. she's very popular, hillary clinton. but her legacy over these four years, what she accomplished as secretary of state, david frum, what do you think about that? >> the obama administration and secretary of state were dealt a lot of problems but they are leaving behind a lot of problems. the interview dealt with the middle east. i think we have to stop calling the events in middle east the arab spring. things clearly are getting worse and worse and worse. the situation on syria, all of those completely unresolved, especial
rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. >>> take a closer look at the secretary state hillary clinton's exit interview with cnn, her legacy, her political future. joining us, two cnn...
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Jan 21, 2013
01/13
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echoes of fdr, a fighting president who also had a long-term stagnant economy. this was a guy who is ready to go to combat, and he said, look, you both were great but i now need your voices. >> alex brings up history. let's check with h.w. brands. he's a professor and author from the university of texas. i'm curious about your viewpoint on this speech from a historical perspective. >> a couple things. i was struck by the fairly combative tone the president took. it's really clear he's not backing down from the fact that he won the election, so he's going to govern because he won. he and the other people in office took the oath to god and his country. he tried to reach over the heads of his opposition by repeatedly calling to the people. fellow citizens, fellow citizens, we need to do this. i think perhaps the most important part of the speech is one that's gone comparatively unremarked so far, and that is his review to his predecessors for what he called his declaration of war and his belief that the united states does not have to seek a policy of perpetual war,
echoes of fdr, a fighting president who also had a long-term stagnant economy. this was a guy who is ready to go to combat, and he said, look, you both were great but i now need your voices. >> alex brings up history. let's check with h.w. brands. he's a professor and author from the university of texas. i'm curious about your viewpoint on this speech from a historical perspective. >> a couple things. i was struck by the fairly combative tone the president took. it's really clear...